Granite Construction (GVA) Projected to Announce Earnings on Thursday

Granite Construction (NYSE:GVA) is anticipated to post its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $3.27 per share and revenue of $1.70 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 11:00 AM ET.

Granite Construction (NYSE:GVA) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $2.16 earnings per share for the quarter, missing the consensus estimate of $2.25 by ($0.09). The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.41 billion. Granite Construction had a positive return on equity of 27.83% and a negative net margin of 3.32%. The business’s quarterly revenue was up 28.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.42 EPS. On average, analysts expect Granite Construction to post $6.36 EPS for the current fiscal year and $8.24 EPS for the next fiscal year.

Granite Construction Price Performance

Shares of GVA traded up $0.97 on Tuesday, hitting $109.35. The company’s stock had a trading volume of 9,068 shares, compared to its average volume of 715,099. The company has a market capitalization of $4.79 billion, a PE ratio of -25.37 and a beta of 1.34. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.01 and a quick ratio of 0.94. Granite Construction has a fifty-two week low of $97.26 and a fifty-two week high of $162.08. The company has a 50 day moving average price of $116.48 and a 200 day moving average price of $126.47.

Granite Construction Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.52 dividend on an annualized basis and a yield of 0.5%. Granite Construction’s dividend payout ratio is currently -12.06%.

Insider Buying and Selling

In other news, Director Carlos M. Hernandez acquired 400 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was acquired at an average price of $123.99 per share, with a total value of $49,596.00. Following the completion of the transaction, the director directly owned 5,033 shares of the company’s stock, valued at $624,041.67. This trade represents a 8.63% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.88% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wall Street Zen downgraded Granite Construction from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. The Goldman Sachs Group decreased their price target on shares of Granite Construction from $139.00 to $119.00 and set a “sell” rating for the company in a research note on Friday, July 31st. Weiss Ratings lowered Granite Construction from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, September 2nd. Finally, Oppenheimer raised their target price on shares of Granite Construction from $170.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Granite Construction currently has a consensus rating of “Hold” and a consensus price target of $158.50.

Granite Construction Company Profile

Granite Construction Incorporated (NYSE:GVA) is an infrastructure construction company that provides engineering, construction and rehabilitation services for public and private-sector clients. The company’s work supports transportation, water and other essential infrastructure projects across the United States.

Granite’s transportation activities include the construction and maintenance of highways, roads, bridges, airports, rail systems and other transit facilities. Its water-related services include the development and improvement of water treatment and distribution systems, wastewater facilities, dams, pipelines and related infrastructure.